What Firms Leave Multi-stakeholder Initiatives? An Analysis of Delistings From the UN Global Compact

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Abstract

This study analyzes which firms leave multi-stakeholder initiatives (MSIs) for corporate social responsibility (CSR). Based on an analysis of all active and delisted participants from the UN Global Compact between 2000 and 2015 (n= 15,853), we find that SMEs are more likely to be delisted than larger and publicly-traded firms; that early adopters face a higher risk of being delisted; and that the presence of a local network in a country reduces the likelihood of being delisted. Based on this, we extend resource dependence theory in the context of CSR by theorizing (a) the effect of participant heterogeneity on resource dependence relationships and (b) the role of indirect influence pathways where stakeholders work through allies to manipulate the flow of resources to a firm.
Original languageEnglish
Publication date2018
Number of pages39
Publication statusPublished - 2018
EventThe Academy of Management Annual Meeting 2018: Improving Lives - Chicago, United States
Duration: 10 Aug 201814 Aug 2018
Conference number: 78
http://aom.org/annualmeeting/

Conference

ConferenceThe Academy of Management Annual Meeting 2018
Number78
CountryUnited States
CityChicago
Period10/08/201814/08/2018
Internet address

Keywords

  • Multi-stakeholder initiatives
  • Corporate social responsibility
  • Small-and-medium-sized enterprises (SMEs)
  • Resource dependency theory
  • UN Global Compact

Cite this

Rasche, A., Gwozdz, W., Larsen, M. L., & Moon, J. (2018). What Firms Leave Multi-stakeholder Initiatives? An Analysis of Delistings From the UN Global Compact. Paper presented at The Academy of Management Annual Meeting 2018, Chicago, United States.
Rasche, Andreas ; Gwozdz, Wencke ; Larsen, Mathias Lund ; Moon, Jeremy. / What Firms Leave Multi-stakeholder Initiatives? An Analysis of Delistings From the UN Global Compact. Paper presented at The Academy of Management Annual Meeting 2018, Chicago, United States.39 p.
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abstract = "This study analyzes which firms leave multi-stakeholder initiatives (MSIs) for corporate social responsibility (CSR). Based on an analysis of all active and delisted participants from the UN Global Compact between 2000 and 2015 (n= 15,853), we find that SMEs are more likely to be delisted than larger and publicly-traded firms; that early adopters face a higher risk of being delisted; and that the presence of a local network in a country reduces the likelihood of being delisted. Based on this, we extend resource dependence theory in the context of CSR by theorizing (a) the effect of participant heterogeneity on resource dependence relationships and (b) the role of indirect influence pathways where stakeholders work through allies to manipulate the flow of resources to a firm.",
keywords = "Multi-stakeholder initiatives, Corporate social responsibility, Small-and-medium-sized enterprises (SMEs), Resource dependency theory, UN Global Compact, Multi-stakeholder initiatives, Corporate social responsibility, Small-and-medium-sized enterprises (SMEs), Resource dependency theory, UN Global Compact",
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Rasche, A, Gwozdz, W, Larsen, ML & Moon, J 2018, 'What Firms Leave Multi-stakeholder Initiatives? An Analysis of Delistings From the UN Global Compact' Paper presented at, Chicago, United States, 10/08/2018 - 14/08/2018, .

What Firms Leave Multi-stakeholder Initiatives? An Analysis of Delistings From the UN Global Compact. / Rasche, Andreas; Gwozdz, Wencke; Larsen, Mathias Lund; Moon, Jeremy.

2018. Paper presented at The Academy of Management Annual Meeting 2018, Chicago, United States.

Research output: Contribution to conferencePaperResearchpeer-review

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T1 - What Firms Leave Multi-stakeholder Initiatives?

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AB - This study analyzes which firms leave multi-stakeholder initiatives (MSIs) for corporate social responsibility (CSR). Based on an analysis of all active and delisted participants from the UN Global Compact between 2000 and 2015 (n= 15,853), we find that SMEs are more likely to be delisted than larger and publicly-traded firms; that early adopters face a higher risk of being delisted; and that the presence of a local network in a country reduces the likelihood of being delisted. Based on this, we extend resource dependence theory in the context of CSR by theorizing (a) the effect of participant heterogeneity on resource dependence relationships and (b) the role of indirect influence pathways where stakeholders work through allies to manipulate the flow of resources to a firm.

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KW - Corporate social responsibility

KW - Small-and-medium-sized enterprises (SMEs)

KW - Resource dependency theory

KW - UN Global Compact

KW - Multi-stakeholder initiatives

KW - Corporate social responsibility

KW - Small-and-medium-sized enterprises (SMEs)

KW - Resource dependency theory

KW - UN Global Compact

M3 - Paper

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Rasche A, Gwozdz W, Larsen ML, Moon J. What Firms Leave Multi-stakeholder Initiatives? An Analysis of Delistings From the UN Global Compact. 2018. Paper presented at The Academy of Management Annual Meeting 2018, Chicago, United States.